Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) Shares Bought by X Square Capital LLC

X Square Capital LLC increased its holdings in Direxion Daily Semiconductors Bull 3x Shares (NYSEARCA:SOXL) by 44.4% during the fourth quarter, Holdings Channel reports. The firm owned 27,330 shares of the company’s stock after purchasing an additional 8,404 shares during the period. X Square Capital LLC’s holdings in Direxion Daily Semiconductors Bull 3x Shares were worth $746,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SOXL. PNC Financial Services Group Inc. lifted its stake in Direxion Daily Semiconductors Bull 3x Shares by 40.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,025 shares of the company’s stock worth $219,000 after purchasing an additional 2,313 shares during the period. Barclays PLC raised its stake in Direxion Daily Semiconductors Bull 3x Shares by 57.2% during the 3rd quarter. Barclays PLC now owns 24,421 shares of the company’s stock worth $896,000 after buying an additional 8,890 shares during the period. HighTower Advisors LLC boosted its stake in Direxion Daily Semiconductors Bull 3x Shares by 55.7% in the 3rd quarter. HighTower Advisors LLC now owns 9,118 shares of the company’s stock worth $335,000 after purchasing an additional 3,263 shares during the period. Flow Traders U.S. LLC increased its stake in Direxion Daily Semiconductors Bull 3x Shares by 30.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 106,628 shares of the company’s stock valued at $3,911,000 after buying an additional 25,079 shares during the last quarter. Finally, Taika Capital LP acquired a new position in Direxion Daily Semiconductors Bull 3x Shares during the third quarter worth $3,765,000.

Direxion Daily Semiconductors Bull 3x Shares Trading Down 5.5 %

NYSEARCA:SOXL opened at $17.76 on Friday. The stock has a 50 day simple moving average of $25.02 and a 200 day simple moving average of $29.40. Direxion Daily Semiconductors Bull 3x Shares has a 1-year low of $16.51 and a 1-year high of $70.08. The stock has a market cap of $7.20 billion, a P/E ratio of 29.25 and a beta of 4.09.

Direxion Daily Semiconductors Bull 3x Shares Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be paid a $0.0648 dividend. This is an increase from Direxion Daily Semiconductors Bull 3x Shares’s previous dividend of $0.06. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily Semiconductors Bull 3x Shares Company Profile

The Direxion Daily Semiconductor Bull 3X Shares (SOXL) is an exchange-traded fund that is based on the ICE Semiconductor index. The fund provides 3x daily exposure to a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXL was launched on Mar 11, 2010 and is managed by Direxion.